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License Fees
3 Months Ended
Mar. 31, 2019
PaymentOnCapitalLease  
License Fees

Note 4.  License Fees

 

License fees consist of the following:

  

March 31,

2019

 

December 31,

2018

Purchased licenses  $351,605   $351,605 
Less accumulated amortization   (343,099)   (342,266)
License fees, net  $8,506   $9,339 

 

The weighted average useful life of purchased licenses is 3 years. Amortization expense included in the consolidated condensed Statements of Operations relating to the purchased licenses was $833 and $2,500 for the three months ended March 31, 2019 and 2018, respectively.

 

Estimated amortization expense related to recorded license fees is as follows:

 

Year Ending December 31,  Amount
 2019   $2,950 
 2020    3,333 
 2021    2,223 
     $8,506